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Wealth & Poverty Review Medved on Deserving vs. Undeserving Rich

The Obama administration and its media allies are doing what they can to fan the flames of class conflict. 


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Some recent polls
suggest the campaign is having an effect on public opinion. But Michael
Medved digs
a little deeper into the data, and argues that Americans don’t
generally dislike the “rich,” but rather, the undeserving rich:

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The biggest challenge for Mitt Romney isn’t that
America hates the rich; it’s that the public hates the undeserving rich, and
deeply resents privileged punks and politically connected connivers who never
performed constructive service to make their millions.

This is an important distinction, reminiscent
of Arthur Brooks’s distinction between “earned” and
“unearned” success. 


Jay W. Richards

Senior Fellow, Assistant Research Professor, Executive Editor
Jay Richards, Ph.D., O.P., is an Assistant Research Professor in the School of Business and Economics at The Catholic University of America, Executive Editor of The Stream and a Senior Fellow at the Discovery Institute where he works with the Center on Wealth, Poverty and Morality. In addition to writing many academic articles, books, and popular essays on a wide variety of subjects, he edited the award winning anthology God & Evolution and co-authored The Privileged Planet.  His most recent book is The Human Advantage. Richards has a Ph.D., with honors, in philosophy and theology from Princeton Theological Seminary, an M.Div., a Th.M., and a B.A. with majors in Political Science and Religion. He lives with his family in the Washington DC Metro area.